Jaipur, 26 September: Ministry of Economy, Trade and Industry (METI), Japan, today assured more Japaneseinvestment in Rajasthan. This assurance was given during a ‘Policy Dialogue’ held today at Udyog Bhwan in Jaipur between the Government of Rajasthan and  representatives of METI. This follows a Memorandum of Cooperation (MOC) signed between the Government of Rajasthan and METI in the presence of Rajasthan Chief Minister, Smt. Vasundhara Raje during her visit to Japan last year. The agreement was with regard to mutual cooperation, especially in the areas of investment promotion.

The six-member team was led by Director General, Southwest Asia, Trade Policy Bureau, METI, Mr. Shinji Fujino and comprised of Deputy Director, Southwest Asia Office, Trade Policy Bureau, METI, Mr. Hiroaki Takaoka; Counsellor, Embassy of Japan in India, Mr. Yasujiro Miyake; Chief Director General, Japan External Trade Organization (JETRO), Mr. N. Noguchi; Senior Investment Advisor, JETRO, Mr. H. Daikoku; Mr. Akira Kuriyama from Overseas Human Resources and Industry Development Association (HIDA), New Delhi and Mr. Katsuhiko Murayama.

On behalf of Government of Rajasthan, Commissioner Industries, Mr. Ajitabh Sharma, shared his views on how the economic relations between Japan and Rajasthan could be taken to the next level with mutual cooperation. He said that the State Government has improved the business environment for the Japanese investors by introduction of various incentives and infrastructure development in the Japanese Zone.

Exploring Japanese expertise in the skilling sector, Commissioner, Investment & NRIs and Managing Director, RIICO, Mr. Vaibhav Galriya said that if the Japanese companies are interested they can develop a curriculum for ITI Neemrana and utilize it to impart training under the guidance of Japanese experts. He said that RIICO andRajasthan Skill and Livelihood Development Corporation will assist HIDA to use their expertise to develop ITI Neemrana of international stature.

Other topics discussed during the meeting included Investment promotion initiatives for the Japanesecompanies, Model Solar Power Project for Microgrid System using large scale PV power generation in Neemrana, Development status and prospect of Neemrana and Khushkhera region amongst others.

Senior officers from RIICO and RSLDC were also present during the meeting.

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